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Lawyers: India court stalls Amazon, Flipkart antitrust probes

NEW DELHI/BENGALURU: An Indian antitrust investigation of Inc and Walmart’s Flipkart has been placed on maintain by a court docket, three legal professionals concerned within the proceedings mentioned on Feb 14.

Amazon this week challenged the investigation in a court docket in Bengaluru and the court docket has granted a keep of two months, based on a lawyer from P&A Legislation Workplaces representing Amazon and two different authorized counsels concerned within the matter.

The Competitors Fee of India (CCI) final month ordered a probe into Amazon and Flipkart over alleged violations of competitors legislation and sure discounting practices.

“This comes as a significant aid,” mentioned the Amazon counsel, who declined to be named as he was not authorised to talk to media.

The CCI didn’t instantly reply to a request for remark.

The CCI ordered its probe after a New Delhi-based dealer group complained that the e-commerce giants had been selling choose sellers and in flip hurting enterprise for different smaller gamers.

Over three days of hearings within the Bengaluru court docket, Amazon denied the allegations and argued that CCI didn’t have ample proof to order the probe.

A lawyer for the Indian dealer group, Delhi Vyapar Mahasangh, mentioned he would enchantment in opposition to the court docket’s resolution to place the investigation on maintain.

Amazon and Flipkart have confronted mounting criticism from Indian retailers which accuse them of violating native legal guidelines by racking up billions of {dollars} of losses to fund deep reductions and discriminating in opposition to small sellers.

The businesses deny the allegations.

Final month, the commerce minister mentioned Amazon wasn’t doing India any “nice favour” by saying US$1bil (RM4.14bil) in funding, laying naked the tensions with the US on-line retailer. – Reuters

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